About This Property
Legacy Manor of Mason City II comprises 48 two-bedroom units in Mason City, Iowa, with 43 units designated as low-income housing. The property opened in 2016 and serves elderly residents through the 9% Low-Income Housing Tax Credit program. A property management company operates the community.
Waitlist Information
Waitlist managed by North Iowa Regional Housing Authority
Each of the ten public housing developments has its own waiting list. Applicants can be placed on multiple waiting lists if eligible. Applicants who live, work, or attend school within the jurisdiction receive a preference.
The wait for Section 8 assistance is estimated to be over 2 years for applicants with the Residency Preference, and several years for applicants with no preferences. Applicants who live, work, or attend school within the jurisdiction receive a preference.
Waitlist data provided by section8waitlist.org
Updated June 9, 2026
Property Details
Fair Market Rent - Cerro Gordo County, IA
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $649 |
| 1 Bedroom | $677 |
| 2 Bedroom | $889 |
| 3 Bedroom | $1,145 |
| 4 Bedroom | $1,323 |
Income Limits - Cerro Gordo County, IA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,500
- Very Low (50%)
- $25,800
- Low (80%)
- $41,300
- Extremely Low (30%)
- $17,700
- Very Low (50%)
- $29,500
- Low (80%)
- $47,200
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,200
- Low (80%)
- $53,100
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,850
- Low (80%)
- $58,950
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,800
- Low (80%)
- $63,700
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $42,750
- Low (80%)
- $68,400
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,700
- Low (80%)
- $73,100
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $48,650
- Low (80%)
- $77,850
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,500 | $25,800 | $41,300 |
| 2 Persons | $17,700 | $29,500 | $47,200 |
| 3 Persons | $21,960 | $33,200 | $53,100 |
| 4 Persons | $26,500 | $36,850 | $58,950 |
| 5 Persons | $31,040 | $39,800 | $63,700 |
| 6 Persons | $35,580 | $42,750 | $68,400 |
| 7 Persons | $40,120 | $45,700 | $73,100 |
| 8 Persons | $44,660 | $48,650 | $77,850 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Mason City, IA?+
The Fair Market Rent (FMR) for Cerro Gordo County, IA is: $649 (Studio), $677 (1BR), $889 (2BR), $1145 (3BR), $1323 (4BR). Actual rent at subsidized properties like Legacy Manor of Mason City Ii is typically 30% of household income or less.
What size apartments are available at Legacy Manor of Mason City Ii?+
Legacy Manor of Mason City Ii offers the following unit types: 48 Two-Bedroom units, for a total of 48 units.
What are the income limits for affordable housing in Cerro Gordo County, IA?+
For a 4-person household in Cerro Gordo County, IA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,850, Low Income (80% AMI): $58,950. These limits are set by HUD and updated annually.
What is the price range for apartments in Mason City, IA?+
Based on Fair Market Rent for Cerro Gordo County, the estimated price range is: 2-bedroom: $889. Actual rent at Legacy Manor of Mason City Ii may be lower for income-eligible households.
Is there a waitlist for Legacy Manor of Mason City Ii?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
How do I apply for housing at Legacy Manor of Mason City Ii?+
Legacy Manor of Mason City Ii is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who is eligible to live at Legacy Manor of Mason City Ii?+
Legacy Manor of Mason City Ii primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Legacy Manor of Mason City Ii?+
Legacy Manor of Mason City Ii is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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